Future Market Insights
The global refurbished computer and laptops market is set to witness a robust growth. Thanks to rising demand for second-hand devices, saturation in the first-hand market, and rising inclination towards purchasing cost-effective options could lead to growth.
The computer and laptops market has undergone limited amounted of innovation as opposed to the smartphones market. This is expected to drive compare these devices more on price-points as compared to the iconic status of phone brands like iPhone.
Moreover, the availability of reliable and quality devices on e-commerce sites is also adding a lot of reputed options to the stock of products available to buyers.
Assurance and Reliability to Drive Growth
Moreover, increase in online gaming is also expected to drive significant traffic to the refurbished computer and laptop market. Gamers usually need to upgrade their PCs a lot faster than average users. Additionally, for economic gaming, they are also constantly on the lookout for the best product at the lower price. This is expected to drive major growth for the global refurbished computer and laptops market.
Refurbished Computer and Laptops are categorized as used computer and laptops, which are being repaired by manufacturers or by authorized third party, after proper repairing and testing, the refurbished product is being pushed back to the supply chain, Refurbished products are the better alternative to reduce e-waste and to promote reusability of the product.
Refurbished Computer and Laptops Market: Drivers and Restraints
Increase in e-waste dumping and growing demand for affordable laptop and P.C are coupled together to spur the demand for refurbished computer and laptops market during the forecast period.
In addition, the company owned refurbished laptops and computers are backed by warranty, which are attracting consumers to use the low-cost product without compromising on standard working quality. This is anticipated to be a crucial factor piloting the growth of the refurbished laptops and computers market globally.
On the other hand, less consumer awareness about refurbished goods and limited supply chain of the required products are the major factor restraining the growth of the Refurbished Computer and Laptops market in the forthcoming year.
Global Refurbished Computer and Laptops Market: Market Segmentation
Global Refurbished Computer and Laptops Market can be divided into three segments, on the basis of Type, End User Application, and Region.
Segmentation on the basis of the type for Refurbished Computer and Laptops Market as:-
The major segments of Refurbished Computer and Laptops market on the basis of the type include
Company Owned Refurbished Computer and Laptops
Consumer Owned Refurbished Computer and Laptops
Segmentation on the basis of the end user application for Refurbished Computer and Laptops Market as:-
The major segments of Refurbished Computer and Laptops market on the basis of the End-user Application include
Schools and Colleges
Low Funded Organization
Global Refurbished Computer and Laptops Market: Regional Trend
Asia Pacific is expected to grow at the fastest CAGR for the refurbished computer and laptops market. With increase in the number of new start-up company and spurring demand for used and refurbished products such as Laptops and P.C by low funded start-up companies is the major factor propelling the growth in the respective region.
North America and Europe are anticipated to capture maximum market share with respect to revenue for refurbished computer and laptops market, owing to increase in government regulation on reducing e-waste, pertaining to which, major players such as Apple Inc., is promoting the sale of refurbished goods to push old and used products, back to supply chain. This will also help in reducing e-waste and further assist company to seek business opportunities from old and used products.
Global Refurbished Computer and Laptops Market: Competitive Landscape
The major player operating in refurbished computer and laptops market include Apple Inc., HP Development Company, L.P., Overcart, Reboot, Dell, Acer Inc., Lenovo Group Limited, ASUSTeK Computer Inc., Amazon.com, Inc. and Samsung Electronics Co. Ltd.
In emerging economies such as India, new start-ups such as Reboot and Overcart are expanding with rapid pace to capture untapped growth opportunities related to refurbished computer and Laptops.
In August 2015, Reboot opened its first Reboot Infinite Store in Lucknow, India to expand its refurbished product business. The objective of the expansion is to cater better product & services to their customers through offline stores.
The report covers exhaustive analysis on:
Global Refurbished Computer and Laptops Market Segments
Global Refurbished Computer and Laptops Market Dynamics
Historical Actual Market Size, 2012 - 2016
Global Refurbished Computer and Laptops Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain for Refurbished Computer and Laptops Market
Global Refurbished Computer and Laptops Market Current Trends/Issues/Challenges
Competition & Companies involved in Refurbished Computer and Laptops Market
Refurbished Computer and Laptops Market Solutions Technology
Value Chain of Refurbished Computer and Laptops Market
Global Refurbished Computer and Laptops Market Drivers and Restraints
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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